Submit a story
Tell us your story.
Halfords has named Jill McDonald as its new chief executive, filling the saddle left empty by Matt Davies who's departing to lead Tesco's business operations in June. McDonald will leave fast food chain McDonald's where she is UK chief and president of North West Europe. The former marketing chief joined the restaurant business in 2006 [...]
Matt Davies, you can tell, is squirming in his seat at being asked about his new role at Tesco during a call for Halfords’ trading update. “I am genuinely gutted to be leaving Halfords,” Davies explains. “It was absolutely not in my script to be leaving. But when I was approached by Tesco and given [...]
Sales were up for Halfords over the Christmas period, with total revenue rising 6.5 per cent during the third quarter. During the 15 weeks to 9 January, the UK automotive and leisure product retailer performed particularly well in its car maintenance and cycling divisions, where like-for-like revenue went up by 11 per cent and [...]
Shares in bikes-to-car parts retailer Halfords plunged 8.5 per cent yesterday after Tesco announced it had poached chief executive Matt Davies to head up its UK and Ireland business. The former Pets at Home boss was hired in 2012 to lead a turnaround of the tired chain, which had issued nine profit warnings in the [...]
Never mind which brands are at the top of Christmas lists, the brands on top of the Christmas complaints list is a more interesting prospect – just ask the Advertising Standards Authority (ASA). Having taken 727 complaints to date about the Sainsbury’s WW1-themed ad, the latest Christmas short to ruffle festive feathers is McVities’ offering. [...]
Beleaguered shoppers are still nursing their bruises and retailers are still fixing up their stores following UK's biggest-ever "Black Friday", yet the deals keep on coming. Tomorrow is "Cyber Monday", the internet's biggest shopping day of the year when online retailers offer consumers another chance to grab a bargain as the Christmas shopping season [...]
Retailers are gearing up for Black Friday to be one of – if not the – biggest online shopping day of the year, with hundreds of promotions being planned to tempt consumers to join the spending bonanza. According to the Centre for Retail Research, shoppers will spend £1.32bn over the four days between Black [...]
Chris Froome and Mark Cavendish might have crashed out of the Tour de France, but sales at Halfords have raced ahead. The bike-to-car parts retailer yesterday posted a 7.9 per cent jump in like-for-like retail sales in the quarter to 27 June thanks to “exceptional” sales in cycling, which surged 21.3 per cent. Chief executive [...]
Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.
Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.